Canaan Technology and Genesis have won the order for 200,000 mining machines

According to official data, Canaan Technology recently won the order for 200,000 units, including the option to purchase 200,000 Avalon miners and an additional 180,000 miners, from North American mining company Genesis Digital Assets (Genesis). . Minor ordered to date. Genesis and Canaan Technology signed a joint venture in early 2021 to purchase the A1246 and A1166Pro miners worth $ 93.63 million. Genesis will buy 10,000 miners from Canaan Technology in June of this year. With the conclusion of the third mining agreement, the cooperation between Canaan Technology and Genesis will continue until 2022. As of August 2021, the legacy Genesis data center had a capacity of over 170 megawatts, with a total hash rate greater than 3.1 exahesis (EH / s), which is over 2.4% of the total value. global hash. Bitcoin mining.